""I expect that when the government opens that very soon after you're going to see what President Trump's plan for farmers is, but it's really quite clever and generous. I can say that,""
"Trump has hinted at using tariff revenue to fund the bailout, though it's not clear under what authority."
"Reports have suggested the bailout could be at least $10 billion, which is less than trade-impacted farmers got in his first term."
Treasury Secretary Scott Bessent signaled in early October that bailout details could arrive as soon as Oct. 7. The government shutdown has snarled those plans, leaving farmers hanging in the middle of harvest season. National Economic Council official Kevin Hassett said the public would soon see President Trump's plan for farmers and described it as "quite clever and generous," but he did not specify the amount or funding mechanism. Trump has hinted at using tariff revenue to fund the bailout, though the legal authority is unclear. Some reports estimated the bailout could be at least $10 billion, less than prior trade-related aid while farmers face a $13 billion China export loss.
Read at Axios
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